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Apps Mobile Mobile Advertising North America

Fintech startup Finix closes on $3M in Black and Latinx investor-led SPV

– Finix, a payments infrastructure startup, raised $3m in a special purpose vehicle (SPV) that brought more than 80 “traditionally marginalized” investors onto its cap table.
– The SPV was created by the company’s founder Richie Serna, who is a first-generation Mexican-American.
– Moving forward, in all subsequent rounds, Finix will be allocating 10% of each round to Black and Latinx investors.

Apps Bitcoin Europe FinTech Mobile Payments

Bottlepay Raises $15M in Seed Funding

– Bottlepay, a UK-based global payments app, raised £11m ($15m) in seed funding.
– The company intends to use the funds to expand the team, develop the platform’s functionality and geographical reach.
– Backers included British fund manager Alan Howard, venture capital firm FinTech Collective and tech entrepreneur Phil Doye.

Apps Family Information Technology Machine Learning North America

Maple launches with $3.5 million in funding to become the SaaS backoffice for the family

– Maple, a family tech platform, raised $3.5m in seed funding.
– The round was led by Inspired Capital and joined by Box Group, but also supported by Shopify President Harley Finkelstein and other angels.
– The platform is launching on iPhone and Android for all and onboarding new users from its waitlist over the next few weeks.
– Maple offers a social layer, a task-focused list of shared responsibilities, and a bourgeoning service marketplace that looks and feels a lot like the ecosystem Shopify has built for empowering e-commerce entrepreneurs.
– The platform will offer users the ability to tap others for help with tasks – these could be other family members added to the household, or the partners mentioned above (the plan is to bring on more, but to gate admittance initially while developing API endpoints that any company can potentially tap into).

Apps Computer Document Management Lending North America Software

Cirrus Announces Strategic Partnership With Manifesto

– Cirrus announced a capital investment from Manifesto.
Manifesto is a branding agency.
– Cirrus is a provider of cloud-based document management software.
– Cirrus’ cloud-based system plays a key role in supporting a more streamlined, user friendly commercial and SMB lending process.
– Cirrus’ bank and credit union customers can better manage extensive loan requests and provide quicker access to capital for small businesses.
– This is important today as businesses continue to cope with the effects of the pandemic and important in the future as institutions work to grow their business and commercial loan portfolios.

Apps Banking Financial Services FinTech North America

Varo Bank raises another $63M, led by NBA star Russell Westbrook

– Varo Bank, a digital bank, raised $63m in new funding.
– The round was led by NBA star Russell Westbrook, who will also join the startup as an advisor focused on the direction of Varo Bank’s programs aimed at underserved communities, including communities of color.
– Existing Varo Bank investors include Warburg Pincus, The Rise Fund, Gallatin Point Capital, HarbourVest Partners and funds managed by BlackRock.
– With the additional funds, Varo Bank’s total raise to date is now $482.4 million.

Apps Consulting Information Technology North America Software Engineering

Aditi Consulting Raises Capital Led by Georgia Oak Partners to Accelerate Expansion of its Consulting Services

– Aditi Consulting Raises Capital Led by Georgia Oak Partners to Accelerate Expansion of its Consulting Services
– Aditi is a leading global technology solutions provider
– Aditi builds strategies, systems and teams to help clients solve some of their most complex business challenges.
– As companies face a new way of working and a need for accelerated digital transformation, this partnership will further fuel Aditi’s full-stack tech capabilities and ability to deliver customized solutions that will propel change and connect data to real business outcomes for customers.
– Aditi continues to be recognized as one of the best companies to work for by Forbes and Washington’s Great Places to Work.

Apps Marketplace Mobile Apps North America Wine And Spirits

Wine App And Marketplace Company Vivino Raises $155 Million

– Vivino is a wine app and marketplace company.
– The company raised $155m in Series D funding.
Kinnevik led the round and joined by Sprints Capital and Creandum.
– Vivino has a community of 50 million wine enthusiasts.

Apps Cyber Security Information Technology Internet North America Security

Online Login And Checkout Experience Fast Raises $102 Million In Series B

– Fast is a company that offers a one-click purchasing process.
– The company raised $102m in Series B funding.
– The round was led by Addition and Stripe with participation from existing investors Index Ventures, Susa Ventures, Sugar Capital, and Jaren Glover.
– The company plans to double-down on its product expansion, reaching even more sellers through new use cases such as subscriptions and one-click online media purchases.
– Fast is going to also move into more markets outside of the US.
– Plus the funding will power continued hiring of top talent.

Apps Fitness Health Care North America Therapeutics Wellness

Modern Health Scoops Up $74M Series D

– Modern Health, a mental health platform, has raised $74m in a Series D funding round.
– The investment was led by Founders Fund.
– Its existing investors include Battery Ventures, Kleiner Perkins Caufield & Byers and Felicis Ventures.
– The company, which says it has raised $172m to date, was valued at $750m after a financing round last year, according to PitchBook.

Apps E-Commerce Europe Fashion Internet Shopping Software

Ubamarket Raises £2.9M in Growth Equity Funding

– Ubamarket, a London, UK-based provider of a ‘Scan Pay Go’ retail tech app, raised £2.9m in equity funding.
– The company intends to use the funds to expand its business reach into new industries such as hospitality.
– The new investment was led by IW Capital and includes existing investor, MMC Ventures.

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